US Stocks Fall Amid Iran Stalemate
US stocks opened lower on Tuesday, with the Dow Jones Industrial Average falling 105.3 points, or 0.20%, to 53,354.43. The S&P 500 also declined, falling 45.0 points, or 0.58%, to 7,700.04, while the Nasdaq Composite dropped 298.0 points, or 1.12%, to 26,346.88.
The decline in stocks is attributed to the ongoing stalemate between the US and Iran, which has kept oil prices elevated. As a result, government bond yields have reached multi-year peaks.
No further information is available at this time.